Based on the $CELH Q3 sequential revenue number be
Post# of 679
Posted On: 11/11/2015 1:35:39 PM
Based on the $CELH Q3 sequential revenue number being down some 22%, we are going to be forced to bring down our full-year estimate AGAIN.
The company is currently at $12.96 million for 2015. Q4 is historically the weakest quarter of the year, due to seasonality patterns in the beverage industry, so we're not expecting anything great to finish the year.
Not many investors on the Conference Call, with only one person asking questions.
There are a lot of stuckholders above the current price who will most likely be selling their shares between now and year-end for tax-loss purposes.
CELH remains dead money for now.
At some point, we'll expand more on our latest thoughts over on our blog page.
GLTA.
The company is currently at $12.96 million for 2015. Q4 is historically the weakest quarter of the year, due to seasonality patterns in the beverage industry, so we're not expecting anything great to finish the year.
Not many investors on the Conference Call, with only one person asking questions.
There are a lot of stuckholders above the current price who will most likely be selling their shares between now and year-end for tax-loss purposes.
CELH remains dead money for now.
At some point, we'll expand more on our latest thoughts over on our blog page.
GLTA.
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